§ Mr. Ernie Ross
asked the Chancellor of the Exchequer what has been the number of estates declared at a value of £1 million or over in Scotland in each year since 1979.
§ Mr. Moore
The number of such estates reported to the Capital Taxes Office in Edinburgh were:
Number 1979–80 4 1980–81 8
1979–80 percentage Receipts in latest year Capital gains tax assessed by districts in Scotland 6 To October 1984 5 per cent, (provisional) Capital transfer tax/estate duty 11 To March 1984 5 per cent.
Because of centralised collection arrangements it would not be meaningful to express the yields as percentages of the total taxes collected by the Inland Revenue in Scotland.